Extra indicators
Coppock Curve
A slow momentum indicator built to spot the start of long-term rises after big declines.
L’idée en termes simples
Coppock compared market recoveries with mourning: it takes time. The curve smooths two long rates of change to show when a decline has really run its course.
Mode de calcul
Add ROC(14) and ROC(11) and smooth the sum with a 10-period weighted moving average.
Coppock = WMA(ROC(14) + ROC(11), 10)Comment l’utiliser
- Classic buy signal: the curve turns up from below zero (originally on monthly index charts).
Tirer des conclusions
- Designed for monthly candles of stock indices; on short timeframes it is just a smooth momentum line.
Exemple
US500 monthly: the curve bottoms at −18 and turns up; in the classic method that is a long-term buy signal.
Les prix des exemples sont donnés à titre d’illustration.
Points de vigilance
- Very few signals and no sell rule in the original.
Un peu d’histoire
Created by the economist Edwin Coppock and published in Barron's in 1962.
Contenu éducatif uniquement. Aucun indicateur ni aucune figure ne prédit l’avenir, et rien ici ne constitue un conseil en investissement.